answersLogoWhite

0

The Four economic systems

Updated: 4/28/2022
User Avatar

Wiki User

9y ago

Best Answer

There are four major types of economic systems. This includes the mixed economy, traditional economy, command economy, and market economy.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: The Four economic systems
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the four types of economic systems?

The four types of economic systems are mixed, traditional, market and command. The economic systems evolves as different societies places different emphasis on different goals.


What are the four basic types of economic systems?

markets


What are four principles of the US economic systems?

The four Pricipals of the Economic Systems are:-Private Property-Freedom Of Choice-Profit-Competion


What are the Functions of economic system?

The four functions of economic systems; Production, Allocation, Distribution and Regeneration.


What are the functions economic system?

The four functions of economic systems; Production, Allocation, Distribution and Regeneration.


What are the four kinds of economic systems?

Traditional, Command, Market, Mixed.


How do the four economic systems answer the three basic questions of economics?

Societies answer the three economic questions based on their values!


What do three economic systems have in common?

Each system represents different answers to the four basic economic questions.


What are the 4 economic systems?

The four types of economic systems are the traditional economy, the market economy, the command economy, and the mixed economy. Of these, the traditional economy is the most basic.


What do all three economic systems have in common?

Each system represents different answers to the four basic economic questions.


What are the types of political economic systems?

there is no such thing as political economic systems, there are only economic political systems


Why cultures develop economic systems?

why dp cultures develop economic systems